ADO 0.00% 2.1¢ anteotech ltd

Ann: Revised Payment Arrangements with DIAsource Vendors, page-161

  1. 367 Posts.
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    I agree Semi,

    The problem here is timing and I feel we have been pushed into a corner with our LE.

    If you read between the lines (guess that is all we can do) in the announcement, it appears that ADO in rationalizing the Technology will focus on those areas of business that are close to success i.e. Cook etc, together with those that may be quickly brought to market through other entities. Not that it will be a bad outcome for ADO as consolidation does have its benefits and any good news event from now will substantially impact of share price.

    I would feel confident however, they will continue to work with a new DIAsource owned business to offer joint development of product, inline with the vast distribution network DIA is building. It's just a shame that we may not have the financial ability to control that aspect of growth directly.
 
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